Here’s what you need to know about our local housing market.

Have you been paying attention to the news? If so, you might have seen that our housing market is heading for a crash, but is that true? Recently, I appeared on 103.9 The Fish to discuss what’s really happening in our local market. 

First, our market is definitely shifting. Inventory is increasing, and the market is slowing down overall. However, we aren’t heading for a crash. Our previous market was as hot as any I’ve ever seen. Homes were selling with 20 or 30 offers way over the asking price. This market was fantastic for sellers, but it wasn’t sustainable. Now, our market is normalizing. You can still sell your home for top dollar, but you might only receive three or five offers instead of 30. 

If you want to sell without the hassle of the open market, check out my instant offer program. I’ll pay a fair price for your home upfront so you can make your move smoothly without any issues. 

"Our market is normalizing."

The luxury market is still strong. My team offers a white glove concierge service that is totally hands off for luxury sellers. There are still plenty of cash buyers in our area, and many of them are coming from the Bay Area. These buyers sell their old homes so they can make an extremely competitive offer in Sacramento. 

Our market always comes down to the five Ds: death, divorce, diplomas, diapers, and the daily grind. People are living their lives, and as a result, people are buying and selling homes. If you’re looking to buy, now is a great opportunity to get into a home before interest rates rise further. This also creates a great chance for sellers.

If you are looking to make a move or have any questions, please call or email me. I am always willing to help!